The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
My apologies fulmar- my post was not a dig at you in any way. I was not concerned by a mistake - we all make them - but a seemingly endless chat re the area seemed pointless to me- as, at the end of the day all we shareholders require is the end result - how much marketable ore etc is within the exploration area, how accessible and when will it deliver cash flow and profit.
Your other valid point regarding anyone being able to discuss what they want is true of course - some being more vocal than others of course. Any offence to you was not intended - sorry I seem to have ruffled your personal feathers - my post was rather a general comment.
Not wishing to argue PigGlider but the small percentage you refer to is day to day. The fact is we were over 1.3p not long ago (previously higher) and the down is therefore going on 25% or so form there. As I said earlier Statis Quo did ery well out of ‘Down Down’ - let’s hoe we do the same. I am, just so you know, a long termer here and happy to be so - but I am trying to be realistic and not just ramp fir the sake of it.
Yes - growth potential - but cash flow and profits are what is needed her - not just possible contracts which would still need funding to complete. I would not like to see a placing here to further dilute the sliding sp.
Thanks Dubbs- the moving too quickly scenario and posible problems that can be caused is probably caused by my background as a Banker who had to make decisions re financing and to weigh up possibilities both positive and negative. To play devils advocate with colleagues was also useful to get a balanced view.
In the case of LVCG - the acquisition was probably necessary to assist David's objectives - even if the timimg has caused a wobble. That said I will continue to hold, and add at these levels. The outcome could positively surprise us all and exceed David's £4 initial target. We will see!!
Just musing re my innermost thoughts prevailing here.
Whilst being committed to this share based on fundamentals going forward and based on my own research there is little wonder that at one point yesterday this share had fallen 40% or 40p within the last 6 weeks. Ok - perhaps the sp was over inflated at the peak? Little wonder then that some short term investors have bailed out depressing the price even further.
The fact is that from having a small free float a few weeks ago further warrants have been issued, some at below the prevailing sp, which have undoubtedly diluted the original shareholders value on paper. Additionally, for the AIM this share was highly priced at almost £1 recently. Most investors on AIM look for a quick profit and possibly tend to look at low value shares (under 1p or in the low pennies rather than around the £1 mark) and are reluctant to hold for long periods, when falling dramatically, and often set stop loss targets of low percentages, which trigger further sales, rather than allow the value to drift 40% without action.
I believe the future is bright here - but until the new acquisition has bedded in and profits and value are reflected in the next set of financial accounts, the best we have is probability and hopes that David 'got it right'.
Should work out well imho - but nagging doubts prevail based on recent AIM performance and the thought that perhaps we are trying to grow too quickly. As has been seen, this is probably partly responsible for reducing the equity percentage value of original long term holders shares.
Against all this we have good and increasing numbers in place and now have the vehicle of construction 'in house' making us a very attractive take over option for one of the big players.
An interesting 6 months lies ahead of us - for those who are in in for the long term.
Certainly not deramping as I have an investment here also. Purely trying to realistic that good things may take time- not expecting hopefully of a five or 7+ increase imminently. Great if it happens of course
Well chaps it seems my stirring has got us a response from our CEO himself. As ever David is open and honest and we now know where he is promoting the Company shortly in Japan, Korea and more in China - setting off for a 10 day trip tomorrow.. Hopefully new contracts by the end of the year tp follow. He also states that the businesses are integrating well and thst Bright Bricks will provide additional revenues to LVCG. Further, he promises an update next week and also states that amazing things are about to happen - whichI I fully believe. It just goes to provethat sometimes it is useful to be a bit contientious to provoke a response - but wow -from the CEO himself takes some believing. Thanks David - but it would have bern good to be in the loop earlier though given the performance of the sp latterly. Your response is truly appreciated. As you might have guessed, I have not sold my shares but was needing sine reassurance. As you say onwards and upwards.
A sea of blue but sp still slides. Does not seem rational really. Someone is just milking us for fun. Sure, the placing was lower than the current sp but the researched upside surely outweighs that fact - and the next few weeks/months should prove the true value in here imo. If the believers stand firm, shares on the cheap will soon dry up I believe.
Interesting thought- I have a few shares on AIM but this is by far the quietest BB of them all. That said the prospects here are far more solid than the others where rampers and derampers have too much air time hearing their own voices. Looks like we have a solid crew of believers here who follow the signs, performance and prospects in a well researched way, without the need to be constantly posting unhelpful thoughts - just facts. I too am anticipating great progress, although appreciate that anything is possible on the AIM - but it is good to know that I seem to be in like minded company with you guys - roll on the next few days/weeks..,.
My confusion expressed yesterday has not abared -- sp drifting yet we have many more buyers than sellers... Something is going on here - possibly about to happen - but what and when.
Exciting isn't it. - hope we have the bottle to ride it out - And importantly - have read it correctly?????
GLA